How Much Did Roane Transportation Raise?
Funding & Key Investors

Roane Transportation has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's established presence in the transportation and logistics sector.

What is Roane Transportation?

Roane Transportation
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Roane Transportation, founded in 1996, is a seasoned provider of comprehensive transportation services, encompassing both long-haul and short-haul operations. The company specializes in flatbed trucking, serving major steel haulers and industrial clients. Complementing its core trucking services, Roane Transportation offers robust warehousing solutions through secure, climate-controlled facilities located in Rockwood, TN, and El Paso, TX. Furthermore, the company extends its logistical expertise through Roane Logistics, providing third-party logistics (3PL) services. With a foundational commitment to safety and integrity, Roane Transportation ensures the timely and secure delivery of freight, catering to a broad spectrum of shippers and carriers seeking efficient and reliable logistics solutions.

How much funding has Roane Transportation raised?

Roane Transportation has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Roane Transportation

PPP

Public-Private Partnership

What's next for Roane Transportation?

The recent major strategic investment signals a pivotal growth phase for Roane Transportation. This capital infusion is likely to fuel expansion initiatives, potentially involving the enhancement of its fleet, the optimization of its warehousing capabilities, and the broadening of its third-party logistics network. The company's focus on specialized services like flatbed trucking and its strategic locations in Tennessee and Texas position it for continued success in serving industrial and manufacturing sectors. Future developments may include technological upgrades to logistics management systems and further geographic reach to capitalize on emerging market opportunities.

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Frequently Asked Questions Regarding Roane Transportation Financial Insights

What are the most recent funding rounds that Roane Transportation has completed, and what were the funding rounds?
Roane Transportation has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Roane Transportation has raised to date?
Roane Transportation has raised a total of $1M in funding to date.
How many funding rounds has Roane Transportation completed?
Roane Transportation has completed 1 funding rounds.
How much funding did Roane Transportation raise in its most recent funding round?
Roane Transportation raised $1M in its most recent funding round.
Who are the lead investors in Roane Transportation's latest funding round?
The lead investor in Roane Transportation's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Roane Transportation's history?
The largest funding round in Roane Transportation's history was $1M.
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